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Morgan Advanced Materials

Current Price 286.50p Bid 286.00p Ask 287.00p Change -0.17%
Last Updated: 19/03/2024 09:32. Prices delayed by at least 15 minutes.
Call 0113 243 6941 or search for your local office

Company Overview

At Morgan Advanced Materials our purpose is to use advanced materials to make the world more sustainable, and to improve the quality of life. Our purpose guides our actions: it underpins our work to reduce our environmental impact, informs how we treat our people, and ensures we fulfil our responsibility for good corporate governance.

Financial Highlights Year Ended 31/12/2023

Revenue
£1,114.70m
Operating Profit/Loss
£91.90m
Dividend yield (%)
4.20
Total dividend for year
n/ap
Dividend cover
2.08
P/E Ratio
11.30

Key Personnel

Dr Pete Raby
Chief Executive Officer
Mr Richard Armitage
Chief Financial Officer
Mr Clement Woon
Non-Executive Director
Mr Helen Bunch
Non-Executive Director
Mr Ian Marchant
Non-Executive Director
Mrs Jane Aikman
Non-Executive Director
Mrs Laurence Mulliez
Senior Independent Director

Stock Details

EPIC
MGAML
ISIN
GB0006027295
Shares in Issue
285.37m
Market cap
£817.59m

Analyst Views (1)

Strong Buy
 
0%
Buy
 
0%
Hold
 
100.00%
Sell
 
0%
Strong Sell
 
0%
This information is provided by Web Financial Group (UK) Limited. It is subject to change without notice and doesn't reflect the views held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
286.50p
Bid Price
286.00p
Ask Price
287.00p
Volume
16,147
Change Today
-0.50p
% Change Today
-0.17%
Open
284.50p
Previous Close
287.00p
Intraday High
286.50p
Intraday Low
283.00p
52 Week High
307.00p
52 Week Low
217.00p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Income Statement

Year End Date
31 Dec 2023
31 Dec 2022
 
£ (M)
£ (M)
Continuing Operations
Revenue
1,114.70
1,112.10
Operating Profit/Loss
91.90
140.80
Net Interest
-14.10
-9.20
Pre-Tax Profit
77.80
131.60
Profit After Tax from continuing operations
55.60
95.60
Discontinued Operations
Profit After Tax
0.70
1.10
Profit/Loss for the Year
56.30
96.70
Attributable to:
Equity Holders of Parent Company
47.30
88.00
Minority Interests
9.00
8.70
Total Dividend Paid
n/ap
n/ap
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
31 Dec 2023
31 Dec 2022
Basic
16.40p
30.60p
Diluted
16.30p
30.30p
Adjusted
25.00p
33.80p
Dividend per Share
n/ap
n/ap

Assets

Year End Date
31 Dec 2023
31 Dec 2022
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
325.40
316.80
Intangible Assets
182.20
189.00
Investment Properties
n/a
n/a
Investments
2.20
n/a
Other Financial Assets
n/a
n/a
Other Non-Current Assets
21.00
18.50
Current Assets
Inventories
175.10
174.20
Trade & Other Receivables
191.60
202.80
Cash at Bank & In Hand
124.50
117.70
Current Asset Investments
n/a
n/a
Other Current Assets
2.70
1.30
Other Assets
n/a
n/a
Total Assets
1,024.70
1,020.30

Liabilities

Year End Date
31 Dec 2023
31 Dec 2022
 
£ (M)
£ (M)
Current Liabilities
Borrowings
11.10
46.60
Other Current Liabilities
228.40
236.80
Total Current Liabilities
239.50
283.40
Non-Current Liabilities
Borrowings
345.70
271.50
Provisions
13.30
18.10
Other Non-Current Liabilities
27.60
17.70
Total Non-Current Liabilities
386.60
307.30
Other Liabilities
n/a
n/a
Total Liabilities
626.10
590.70

Net Assets

Year End Date
31 Dec 2023
31 Dec 2022
 
£ (M)
£ (M)
Net Assets
398.60
429.60

Capital & Reserves

Year End Date
31 Dec 2023
31 Dec 2022
 
£ (M)
£ (M)
Share Capital
71.30
71.30
Share Premium Account
111.70
111.70
Other Reserves
6.50
35.10
Retained Earnings
170.80
170.90
Shareholders Funds
360.30
389.00
Minority Interests/Other Equity
38.30
40.60
Total Equity
398.60
429.60

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
Final
25 Apr 2024
17 May 2024
6.70p
Interim
26 Oct 2023
17 Nov 2023
5.30p
Final
08 Jun 2023
03 Jul 2023
6.70p
Interim
27 Oct 2022
18 Nov 2022
5.30p
Final
28 Apr 2022
20 May 2022
5.90p
Interim
28 Oct 2021
19 Nov 2021
3.20p
Final
29 Apr 2021
21 May 2021
3.50p
Interim
19 Nov 2020
11 Dec 2020
2.00p
Interim
31 Oct 2019
22 Nov 2019
4.00p
Final
02 May 2019
24 May 2019
7.00p
Interim
01 Nov 2018
23 Nov 2018
4.00p
Final
03 May 2018
25 May 2018
7.00p
Interim
02 Nov 2017
24 Nov 2017
4.00p
Final
04 May 2017
26 May 2017
7.00p
Interim
03 Nov 2016
25 Nov 2016
4.00p
Final
03 Jun 2009
10 Jul 2009
4.50p
Final
03 Jun 2009
10 Jul 2009
4.50p
Interim
01 Oct 2008
07 Nov 2008
2.50p
Final
28 May 2008
30 Jun 2008
4.50p

Dividend Metrics

Year End Date
31 Dec 2023
31 Dec 2022
Dividend growth
n/a%
31.87%
Dividend yield
4.20%
3.80%
Dividend cover
2.08
2.82


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